2025 年比特币 (BTC) 价格预测：Lyn Alden 表达看涨前景

著名金融专家林恩·奥尔登（Lyn Alden Investment Strategy）创始人林·奥尔登（Lyn Alden）对比特币（BTC）的前景表示了高度乐观。她表示，多项经济指标表明，比特币可能成为来年最看涨的资产之一。

Prominent financial expert and founder of Lyn Alden Investment Strategy, Lyn Alden, is highly optimistic about Bitcoin’s prospects. According to her, several economic indicators suggest that Bitcoin could emerge as one of the most bullish assets in 2025.

著名金融专家、林恩·奥尔登投资策略公司创始人林·奥尔登对比特币的前景高度乐观。她表示，多项经济指标表明，比特币可能会成为 2025 年最看涨的资产之一。

Breaking Down the Economic Landscape

打破经济格局

In a recent interview with David Lin, Alden discussed the key economic drivers that may influence Bitcoin’s performance in 2025. One of her primary observations is the expectation of improved global liquidity. She notes that the U.S. economy appears to be moving past a peak in credit tightening. This development is encouraging for liquidity, as it could pave the way for increased capital flow in the market.

在最近接受 David Lin 采访时，Alden 讨论了可能影响 2025 年比特币表现的关键经济驱动因素。她的主要观察之一是全球流动性改善的预期。她指出，美国经济似乎正在经历信贷紧缩的高峰期。这一发展对流动性来说是令人鼓舞的，因为它可以为增加市场资本流动铺平道路。

Moreover, Alden points to the potential for additional stimulus from China as another factor that may bolster liquidity. The interplay between U.S. and Chinese economic policies could create a more favorable environment for investments, including cryptocurrencies.

此外，奥尔登指出，中国可能采取额外刺激措施，这是另一个可能提振流动性的因素。美国和中国经济政策之间的相互作用可能会为包括加密货币在内的投资创造更有利的环境。

The U.S. Treasury General Account and Its Impact

美国财政部普通账户及其影响

A crucial aspect to watch, according to Alden, is the U.S. Treasury General Account (TGA). If approximately $800 billion returns to the banking system, this could significantly enhance liquidity in the market. However, this scenario is contingent on whether there are any complications regarding the debt ceiling. Should the U.S. government navigate these challenges smoothly, the inflow of cash into the economy could further support Bitcoin’s price and instill confidence in the market.

奥尔登表示，值得关注的一个重要方面是美国财政部普通账户（TGA）。如果大约 8000 亿美元返回银行系统，这可能会显着增强市场的流动性。然而，这种情况取决于债务上限是否存在任何复杂性。如果美国政府顺利应对这些挑战，现金流入经济可能会进一步支撑比特币的价格并增强市场信心。

While Alden is cautious about predicting the exact scale of liquidity changes, she maintains a moderately optimistic outlook for the next year. Her belief in improving liquidity is directly tied to her positive view on Bitcoin.

尽管奥尔登对预测流动性变化的确切规模持谨慎态度，但她对明年的前景保持适度乐观。她对提高流动性的信念与她对比特币的积极看法直接相关。

Exploring the Correlation Between Liquidity and Bitcoin

探索流动性与比特币之间的相关性

Alden highlights a strong correlation between Bitcoin’s performance and global liquidity. “I don’t have a strong opinion on the magnitude, but I have a positive view on liquidity for the next 12 months, and therefore my view on Bitcoin is also positive for the next 12 months,” she stated. This correlation suggests that as liquidity improves, so too does the potential for Bitcoin to rise in value.

奥尔登强调了比特币的表现与全球流动性之间的密切相关性。 “我对规模没有强烈的看法，但我对未来 12 个月的流动性持积极看法，因此我对未来 12 个月的比特币看法也是积极的，”她表示。这种相关性表明，随着流动性的改善，比特币升值的潜力也随之增加。

However, Alden points out that there have been occasions when Bitcoin has diverged from this correlation, typically due to extreme valuations. In simpler terms, when Bitcoin’s price becomes excessively high compared to its underlying value, it may behave differently than expected based on liquidity trends.

然而，奥尔登指出，比特币有时会偏离这种相关性，通常是由于估值过高。简而言之，当比特币的价格与其基础价值相比过高时，其表现可能与基于流动性趋势的预期不同。

Understanding Bitcoin Valuation Metrics

了解比特币估值指标

To gauge Bitcoin’s value accurately, Alden utilizes two critical metrics: market capitalization and realized capitalization. During bullish market conditions, Bitcoin’s market cap can significantly exceed its realized cap, indicating potential overvaluation. Conversely, when the market cap is lower than the realized cap, it suggests that Bitcoin is less risky and may be undervalued.

为了准确衡量比特币的价值，奥尔登使用了两个关键指标：市值和已实现资本化。在看涨的市场条件下，比特币的市值可能会大大超过其已实现的上限，表明潜在的估值过高。相反，当市值低于已实现上限时，则表明比特币风险较小，可能被低估。

A Bullish Outlook for Bitcoin

比特币的看涨前景

Given her analysis, Alden is optimistic about Bitcoin’s future. She notes, “So, looking at all this, I expect liquidity to go up over the next year, and I don’t see signs of extreme Bitcoin valuation. That combination generally leads me to be pretty bullish on Bitcoin.” This positive outlook is crucial for investors considering navigating the volatile cryptocurrency market in 2025.

根据她的分析，奥尔登对比特币的未来持乐观态度。她指出，“因此，考虑到这一切，我预计明年流动性将会上升，而且我没有看到比特币估值过高的迹象。这种结合通常会让我非常看好比特币。”这种积极的前景对于考虑在 2025 年应对波动的加密货币市场的投资者来说至关重要。

If Alden’s predictions hold true, Bitcoin may become one of the standout assets of 2025, attracting both institutional and retail investors.

如果奥尔登的预测成立，比特币可能会成为 2025 年最出色的资产之一，吸引机构投资者和散户投资者。